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China Denies Involvement in US Treasury Hack

China denies involvement in the U.S. Treasury hack, sparking cybersecurity concerns

3 min December 31, 2024

Highlights:

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U.S. Treasury hacked by suspected Chinese group; China denies involvement.

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Hackers exploited a vulnerability in BeyondTrust’s remote support service to breach Treasury systems.

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China calls hacking allegations “groundless,” while U.S. investigations continue into the attack's scope.

China Denies Involvement in US Treasury Hack

A serious cyberattack recently breached the U.S. Treasury Department. Hackers stole unclassified documents via a third-party cybersecurity provider. Though early reports pointed to a Chinese state-sponsored hacker group, China has denied any involvement, calling the allegations unfounded.

 

The Breach and How It Happened

 

 

The breach was discovered on December 8, 2023. However, investigations revealed the hack began earlier. On December 2, hackers exploited a vulnerability in a remote support service from cybersecurity firm BeyondTrust. 

 

The hakers unauthorized access to Treasury workstations. By obtaining a key for cloud services, they bypassed security measures and stole sensitive documents. BeyondTrust detected the breach on December 2 and confirmed suspicious activity by December 5. 

 

The company revoked the compromised security key and alerted affected customers. The FBI and CISA are actively involved in the investigation.

 

China Denies Hacking Claims

 

While Treasury officials have not confirmed if hackers still have access, a private briefing is set for next week. Lawmakers are eager to understand the full scope of the attack.

 

Despite the investigation's focus on China, Beijing strongly denies the accusations. A Chinese embassy representative called the claims “groundless” and labeled them a smear campaign. This breach highlights the growing risks posed by cyberattacks, especially by state-backed hackers. 

 

With the U.S. government’s systems compromised, the attack serves as a reminder of global cybersecurity vulnerabilities. The ongoing investigation will likely influence future cybersecurity strategies worldwide.

 

 

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